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Search Results 0 to 3 of about 4 (some duplicates have been removed)
to the big three money headlines, stock surge, overdrive and superspenders, joining me is morgan brennan. let's talk about stocks surged yesterday. how much did they surge? will it continue? >> hopefully. analysts expect we'll see history repeat itself. some double-digit percentage increases this year. month of january, a very strong start. the dow up 6% and that is the best monthly gain that we've seen since 1994. s & p 500 up 5%, best monthly gain since 1997. nasdaq 4%. fingers crossed, may not have a long winter. hopefully a good stock market too. >> what about car sales? >> this goes back to the stock market. people are feeling pretty bullish about buying new vehicles, this month we saw in january i should say, 14% increase in vehicle sales, about a million cars were sold. i think the really interesting story here is actually we're seeing a big increase in pickup truck demand, very closely tied to construction. as we see more homes get beuilt we'll see more puickup trucks sold. >> what about the super bowl? will it bring in big money? >> about $12 million. national retail federation expec
headlines. stocks surge, overdrive, and super spenders. joining me now forbes staff writer morgan brennan. we talked about the stock surge yesterday. kind of good news. how much and will it continue? >> we've seen a really good start to the year for stocks. on friday we saw the dow up. it actually vaulted over the 14,000 mark. first time we've seen that in about five years. it comes after a really strong january for all of the indexes. we actually saw both the dow and s & p 500 having the strongest starts that they've had to the year since the 1990s. so fingers crossed. this could keep going forward. >> what about car sales, looking good? >> car sales looking great as well. i think consumers are confident about the big ticket purchases. in january we saw a 14% increase versus january of 2012 as far as vehicle sales are concerned. about 1 million vehicles sold. analysts expect about 15 million vehicle sales this year. i think the big story this year will be pickup truck sales. lots of increased demand there. that's very strongly tied to construction. as we see more housing we're going to s
Search Results 0 to 3 of about 4 (some duplicates have been removed)